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Ny License Law Dos RegulationsDos_structure_and_powersEASY

The New York Department of State has the authority to investigate complaints against real estate licensees. What is the primary enforcement mechanism DOS uses when a licensee is found to have violated Real Property Law Article 12-A?

Correct Answer

C) Suspend, revoke, or refuse to renew the licensee's license

The DOS has statutory authority under Real Property Law Article 12-A to suspend, revoke, or refuse to renew licenses as the primary disciplinary action for violations of real estate law and regulations.

Answer Options
A
Impose monetary fines up to $10,000 per violation
B
Require completion of additional education hours
C
Suspend, revoke, or refuse to renew the licensee's license
D
Order the licensee to make restitution to harmed parties

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Related Topics & Key Terms

Key Terms:

dos_enforcementlicense_disciplineviolationspenalties

Related Concepts

An easement by prescription is acquired through continuous, open, notorious, hostile, and uninterrupted use of another's land for a statutory period. It is similar to adverse possession but grants use rights, not ownership.

Eminent domain is the government's constitutional right to take private property for public use, provided the owner receives just compensation. It is also known as condemnation.

An encroachment occurs when a building, structure, or improvement illegally extends onto another person's property or beyond a setback line. It is a physical intrusion, not a right to use the land.

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